N-Hexane Market, By Grade, By Application, By Geography

Description

Global n-Hexane Market is estimated to be valued at USD 2.7 Bn in 2025 and is expected to reach USD 3.56 Bn by 2032, growing at a compound annual growth rate (CAGR) of 4.0% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 2.7 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	4.00%	2032 Value Projection:	USD 3.56 Bn

Figure. N-Hexane Market Share (%), By Region 2025

N-hexane is a saturated aliphatic hydrocarbon that is obtained as a byproduct during petroleum refining and crude oil fractionation processes. It finds numerous applications due to its non-polar and non-reactive nature. N-hexane is used as an industrial solvent for extraction and cleaning purposes in many industries such as pharmaceuticals, food processing, furniture making, etc. It acts as an excellent solvent for fats, oils, waxes, and cleaning applications owing to its non-polarity. Growing end-use industries such as food industry, pharmaceuticals, chemical industry, rubber processing, and others have been driving the demand for n-hexane. However, strict regulations over its usage due to toxicity issues also affect the market growth. Hexane is an unreactive, odorless, colorless, and relatively cost-effective solvent. It is known to be insoluble in water and also highly flammable. Hexane production is quite dependent on crude oil availability.

Market Dynamics:

The global n-hexane market has been witnessing steady growth owing to factors such as the increasing demand from end-use industries like pharmaceuticals, chemicals, and food processing. N-hexane solvents find widespread application in industrial processes involving extraction, filtration, cleaning, and degreasing. Growth in these industries positively influences the consumption of n-hexane. Moreover, rising industrialization in developing regions has augmented the demand of N-hexane . However, tightening regulations imposed by environmental agencies regarding volatile organic compound (VOC) emissions from n-hexane usage restrain the growth of the market. The growing preference for bio-based and green solvents also hinders the demand for n-hexane. Nevertheless, technological advancements in n-hexane production processes to comply with regulations and research on developing safer substitutes present major opportunities for market expansion.

Key Features of the Study:

This report provides an in-depth analysis of the n-hexane market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the n-hexane market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include ExxonMobil Corporation, Royal Dutch Shell PLC, Indian Oil Corp. Ltd., Chevron, Phillips Chemical Company LLC, Bharat Petroleum Corp. Ltd., Rompetrol Rafinare S.A., Hindustan Petroleum. Corporation Limited, Dongying Liangxin petrochemical company, Liaoning Yufeng Chemical Co., Ltd., DHC Solvent Chemie GmbH, and Sak Chaisidhi Company Limited.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The n-hexane market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the n-hexane market.

Detailed Segmentation:

N-Hexane Market By Grade
- Oil Extraction,
- Pharmaceutical
- Industrial
N-Hexane Market By Application
- Oil Extraction
- Polymerization
- Pharmaceutical
- Adhesives & Sealants
- Industrial Cleaning
- Degreasing,
- Rubber Processing
- Others
N-Hexane Market By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Company Profiles
- ExxonMobil Corporation,
- Royal Dutch Shell PLC
- Indian Oil Corp. Ltd.
- Chevron
- Phillips Chemical Company LLC
- Bharat Petroleum Corp. Ltd.
- Rompetrol Rafinare S.A.
- Hindustan Petroleum Corporation Limited
- Dongying Liangxin petrochemical company
- Liaoning Yufeng Chemical Co. Ltd.
- DHC Solvent Chemie GmbH
- Sak Chaisidhi Company Limited

Product Code: CMI3697

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- N-Hexane Market, By Grade
- N-Hexane Market, By Application
- N-Hexane Market, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Used as solvent in industrial cleaning and degreasing applications
- Restraints
Availability of substitutes like sodium hydroxide and isopropyl alcohol
- Opportunities
Focus on developing bio-based and eco-friendly hexane products
Key Highlights
Regulatory Scenario
Recent Trends
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Mergers, Acquisitions, and Collaborations

4. N-Hexane Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. N-Hexane Market, By Grade, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Oil Extraction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, ( US$ Bn)
Pharmaceutical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, ( US$ Bn)
Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, ( US$ Bn)

6. N-Hexane Market, By Application, 2020 - 2032 (US$ Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Oil Extraction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, ( US$ Bn)
Polymerization
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, ( US$ Bn)
Pharmaceutical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, ( US$ Bn)
Adhesives & Sealants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, ( US$ Bn)
Industrial Cleaning & Degreasing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, ( US$ Bn)
Rubber Processing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, ( US$ Bn)
Others (inks, glues, leather dressings, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, ( US$ Bn)

7. N-Hexane Market, By Region, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2032
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Grade, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Bn)
  - U.S.
  - Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Grade, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Grade, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Bn)
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Grade, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Grade, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
  - South Africa
  - Central Africa
  - North Africa

8. Competitive Landscape

Company Profile
- ExxonMobil Corporation
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Royal Dutch Shell PLC
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Indian Oil Corp. Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Chevron
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Phillips Chemical Company LLC
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Bharat Petroleum Corp. Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Rompetrol Rafinare S.A.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Hindustan Petroleum Corporation Limited
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Dongying Liangxin petrochemical company
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Liaoning Yufeng Chemical Co., Ltd
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- DHC Solvent Chemie GmbH
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Sak Chaisidhi Company Limited
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Analyst Views

9. Section

References
Research Methodology
About us